Canada Government Budget Value  1985-2017 | Data | Chart | Calendar

Canada recorded a government budget deficit of CAD 1.33 billion in December 2016, compared to a CAD 2.17 billion surplus a year earlier. Revenues decreased by CAD 0.8 billion, or 3 percent, reflecting decreases in personal income tax revenues and other revenues. Program expenses increased by CAD 2.7 billion, or 13 percent, largely reflecting increases in major transfers to persons and direct program expenses. Public debt charges increased by CAD 49 million, or 2.5 percent. For the April to December 2016 period of the 2016–17 fiscal year, the government posted a budgetary deficit of CAD 14.0 billion, compared to a surplus of CAD 3.2 billion reported in the same period of 2015–16. Government Budget Value in Canada averaged -975.67 CAD Million from 1985 until 2016, reaching an all time high of 5770 CAD Million in February of 2005 and a record low of -9919 CAD Million in March of 2005.

Canada Government Budget Value
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-23 04:00 PM Oct C$-1.5B C$-2.4B C$ -0.7B
2017-01-27 04:00 PM Nov C$-3.32B C$-1.5B C$ -1.3B
2017-02-24 04:00 PM Dec C$-1.3B C$-3.32B C$ -1.4B
2017-03-22 01:00 PM Jan C$-1.3B C$ -1.9B
2017-04-28 03:00 PM Feb C$ -1.8B
2017-05-26 03:00 PM Mar C$ -1.9B




Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 91.50 86.20 101.70 66.50 percent [+]
Government Budget 0.10 -0.30 5.10 -8.30 percent of GDP [+]
Government Budget Value -1328.00 -3320.00 5770.00 -9919.00 CAD Million [+]
Government Spending 349857.00 350922.00 350922.00 60608.00 CAD Million [+]
Government Revenues 24105.00 22155.00 29099.00 3384.00 CAD Million [+]
Fiscal Expenditure 23428.00 23545.00 31489.00 5565.00 CAD Million [+]
Military Expenditure 17209.90 17853.70 21403.80 13775.00 USD Million [+]
Credit Rating 98.74 [+]
Asylum Applications 2474.00 2602.00 4339.00 661.00 Persons [+]



Canada Government Budget Value Notes

The government budget balance is the difference between government revenues and expenses, excluding public debt charges. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Canada Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Government Budget Value - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1328.00 -3320.00 5770.00 -9919.00 1985 - 2016 CAD Million Monthly
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